Arab Today, arab today soil picked as main bidder for australian oil firm
Last Updated : GMT 05:43:04
Arab Today, arab today
Arab Today, arab today

S-Oil picked as main bidder for Australian oil firm

Arab Today, arab today

Arab Today, arab today S-Oil picked as main bidder for Australian oil firm

Seoul - Arab Today

S-Oil Corp., South Korea's third-largest refiner, was selected as a preferred bidder for a partial stake in Australian oil firm United Petroleum, the company said Wednesday. The company has vied against other South Korean firms, including its bigger rival SK Innovation Co., for stakes to explore markets overseas. S-Oil submitted a preliminary bid last November.

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